Forecasted Prices for Hyperliquid (HYPE) for the Current Week

Hyperliquid (HYPE) set a new record price this week, reaching $46 per coin, a significant rise from its previous all-time high of $44. The market's appetite for HYPE seems insatiable, as buyers seem determined to reach the key resistance level of $50. With this bullish trend, new records are anticipated if the upward pressure is maintained.

However, momentum indicators suggest possible price exhaustion in the near term. The daily Relative Strength Index (RSI) displays a noticeable bearish divergence, indicating that the upsurge may be reaching its peak. Therefore, caution is advised, with the possibility of a substantial pullback, especially if HYPE falls below its current upward trend.